Yuan Investors Pull Money From China

Slower Economy, Weaker Currency Make Investors Uneasy

By

Fiona Law

Updated April 2, 2014 1:45 p.m. ET

Assets managed by funds that use offshore yuan to invest in mainland China shrank in March at the fastest pace in nine months, in the latest sign of investors' unease with the world's second-largest economy.

The 14 biggest of these funds had a decrease of 5.3 billion yuan ($853.9 million), a loss of about 14% of their value, according to a Wall Street Journal analysis of the funds' filings with the Hong Kong Stock Exchange. That is the biggest decline since last June, according to Morningstar. These 14 funds account for...